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the world and back here at home, hi, everybody, we're so glad you're with us, i'm jenna lee. jon: and i'm jon scott. "happening now," capitol hill gridlock just days before a default deadline. right now there is no bipartisan teal on the table and no vote today on house speaker john boehner's plan to raise the debt ceiling. august 2nd is just six short days away, and that leaves the very real prospect of default or a credit downgrade. can washington make a deal? wendall goler, our senior thousands foreign affairs correspondent be live on the north lawn for us now. >> reporter: more tough news today from the congressional budget office which says both of the leading plans from republicans and democrats to cut the deficit and raise the debt ceiling fall short of what their authors claim. senate majority leader harry reid's plan would actually cut half a trillion less from the deficit than he says it would, house speaker john boehner's plan falls about $350 billion short. boehner has canceled plans for a vote on his proposal today and gone back to the drawing board, and since he has promis
you. jon: we still have debt deadlock on capitol hill with the default deadline just eight days away now. congressional leaders are still struggling to hammer out some kind of a deal, one that would raise the limit on our nation's credit card while cutting trillions of dollars in spending. house speaker john boehner may unveil his own bill today. harry reid said it would be a nonstarter. wendell goler is live on the north lawn with more. >> reporter: speaker boehner's plan would take the spending cuts agreed to before talks with vice joe biden broke down and raise the debt ceiling a little less than that. it would satisfy the speakers bottom line which is cutting spending more than the debt ceiling is raids but we'd have to go through this all over again by the end of the year. the speaker said yesterday it would solve the immediate crisis. >> there is going to be a two-stage process. it's not physically possible to do all of this in one step. having said that, chris, i know the president is worried about his next election, but my god shouldn't we be worried about the country? >> rep
before midnight. jon karl is watching it all from capitol hill. the speaker says he'll try again today. >> reporter: he will. but, george, this debt ceiling crisis has become a political crisis for republicans. boehner's going to convene all 240 house republicans this morning to make 1 final push for it. but the reason he pulled the bill last night is he just couldn't get enough republicans to pass his own bill. republican leaders worked late into the night, trying to get the votes to pass their own debt ceiling bill. reporters swarmed around utah republican jason chaffetz as he emerged from a tense meeting in speaker boehner's office. he told us he's still not sure. how much pressure is there on you to change your mind on this? >> i'm very plenty surprised that they are not twisting and ripping arms off. >> reporter: the speaker said he can't do his job if you guys aren't there to support him. >> i am fully supportive of the speaker. >> reporter: this is his most important vote yet as speaker. >> i just can't support his bill. but i do support the speaker. >> reporter: but for speaker
back to the tiger of old. plus jon stewart takes on the movie theme that we've been talking about so much about in the death debate. chuck schumer breaking down the plot of the town for us. that story and a check on weather when "way too early" on comes right back. >> i diane that frances take these phillip arthur george to be my wedded husband. ...was it something big? ...or something small? ...something old? ...or something new? ...or maybe, just maybe... it's something you haven't seen yet. the 2nd generation of intel core processors. stunning visuals, intelligent performance. this is visibly smart. a vacation on a budget with expedia. make it work. booking a flight by itself is an uh-oh. see if we can "stitch" together a better deal. that's a hint, antoine. ooh! see what anandra did? booking your flight and hotel at the same time gets you prices hotels and airlines won't let expedia show separately. book it. major wow factor! where you book matters. expedia. >>> welcome back to "way too early." a dreary gloomy friday here in new york city. let's get a check of the weather from bi
for your reporting this morning. let's bring in senior political correspondent jon karl who's been all over this story from the jump. jon, we've got the boehner plan and the reid plan. everyone knows neither of these things can pass so what, if anything, is being done to craft some sort of compromise? >> reporter: well, there are, as you heard jim mention, quiet negotiations going on between harry reid and mitch mcconnell. trying to find middle ground. mitch mcconnell has been on the phone several times with vice president biden, i am told, over the last several days. they are trying to find one last-ditch effort to get what everybody knows needs to happen, dan, and that is something that has bipartisan support. i got to tell you, though, the atmosphere is so poisoned here, the question is, once they get that agreement, can they pass it? >> well, let me pick up on it. because there's been so much tough talk, even some trash talk. i wonder if there is another wiggle room rhetorically for the hard-liners on either side to back down. >> reporter: well, i think there ----aybe not the hard-liner
this next election. but shouldn't we be worried about the country? [ jon ] we don't just come up here for the view up in alaska. it's the cleanest, clearest water. we find the best, sweetest crab for red lobster we can find. yeah! [ male announcer ] hurry in to crabfest at red lobster. the only time you can savor three sweet alaskan crab entrees all under $20, like our hearty crab and roasted garlic seafood bake or sn crab and crab butter shrimp. [ jon i wouldn'tut it my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea fd differently. really? 25 grams of protein. what do we have? all four of us, together? 24. he's low fat, too, and has 5 grams of sugars. i'll believe it when i--- [ both ] oooooh... what's shakin'? [ female announcer ] as you get older, protein is an important part of staying active and strong. new ensure high protein... fifty percent of your daily value of protein. low fat and five grams of sugars. see? he's a good egg. [ major nutrition ] new ensure hh protein. ensure! nutrition in charge! and what it doesn't cover can cost you some money. tha
are hearing. [ jon ] we don't just come up here for the view up in alaska. it's the cleanest, clearest water. we find the best, sweetest crab for red lobster we can find. yeah! [ male announcer ] hurry in to crabfest at red lobster. the only time you can savor three sweet alaskan crab entrees all under $20, like our hearty crab and roasted garlic seafood bake or sn crab and crab butter shrimp. [ jon i wouldn'tut it my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea fd differently. >> neil: first it a warning to seniors. now the president meeting with veterans. [ inaudible ] sir, good to have you. the president raises the default possibility with social security recipients by extension potentially veterans. that's not the case? >> not at all. let's be clear. there's plenty of money in the month of august to take care of the bond holders. to make sure social security recipients get their checks and make sure our troops get paid. there's plenty to do that. this bill is a great piece of legislation it spells that out clearly. after that the president will have to make so
or sn crab and crab butter shrimp. [ jon i wouldn'tut it my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea fd differently. >> shepard: second time enemy less than two months a sex scandal forcing congressman to leave office. david wu announcing he will resign today amid accusations he had a sexual encounter with a recent high school graduate. she describes it as unwanted. he describes it as consensual but says is he quitting for the well-being of his own children. he says he will stick around until after congress resolves the debt crisis. hello. here he is headed for the vote on the house floor earlier. this comes just weeks after the former new york congressman anthony weiner resigned in a section sexting scandal. he made get up this year when he mailed a photo of himself dressed up as, i don't know, tiger. several staffers quit citing erratic behavior. shannon bream in washington. he says is he resigning but doesn't plan on leaving right away. >> he might not have wanted to go at all. turns out oregon's two democratic senators sent wu a message. they were p
-- >> steve? >> t.j. >> mika's most read opinion pages plus a late-night cameo. jerry seinfeld and jon stewart. >> this should be good. >> wow. [ barks ] ♪ [ cat meows ] ♪ [ whistles ] ♪ [ cat meows ] ♪ [ ting! ] [ male announcer ] travelers can help you protect the things you care about and save money with multi-policy discounts. are you getting the coverage you need and the discounts you deserve? for an agent or quote, call 800-my-coverage or visit travelers.com. thought they were dead. [ laughter ] [ grunting ] huh? [ male announcer ] should've used roundup. america's number one weed killer. it kills weeds to the root, so they don't come back. guaranteed. weeds won't play dead, they'll stay dead. roundup. no root. no weed. no problem. >>> you know, i did say in that article that i believed that i could win. then i went on to say but it doesn't have to be me. i'm not so egotist cal to believe it has to be me. if there are those out there willing to serve and know not to be so partisan they can't just do what's right for the people that elected them. i would certainly find that person
's check in with jon scott for what's coming up on "happening now. jon: thank you, a massive dust cloud swallows a major u.s. city, crippling travel, knocking out power. what's behind this monster storm? >>> plus a frightening new warning for u.s. airlines, terrorists, having trouble getting people to carry bombs outside the body, might try to put them inside a body to take down a jetliner. >>> and imagine living to be more than 100 years old. how about living to be 1000? researchers say that reality is actually closer than you might think. we'll see you at the top of the hour. alisyn. alisyn: good stuff, jon, thank you very much. >>> well, he's leading all republican candidates in the polls and the pocketbook. mitt romney, far and away the fundraising champ of the 2012 season thus far. but does that mean he's going to win the nomination? we are live, looking at that from the nation's capitol. bill: we have dramatic videotape of a severe rain storm trap ago man under a bridge, check it out in las vegas, a homeless man, holding on for dear life over an overpass, crews tethered him to a s
extension in six months or so, after congress can identify more cuts. on face the nation, ears senator jon kyl said that would satisfy the republican aim of offsetting any increase in the debt ceiling with equal or greater cuts in spending. >> if we can reduce spending by a trillion dollars, then we extend the debt ceiling a trillion dollars worth and that would take it at least through the end of this year. >> but the president warned on friday he would veto that approach. president obama called for an increase in the debt ceiling. >> we have to extend this debt ceiling through the next election, into 2013. >> treasury secretary time geithner argued today that anything less would inject too muchen certainty into a weak dme. >> we can't adopt a approach that leaves the threat of deal hanging over the country. that would be deeply irresponsible to do. >> both sides blame the other for dragging the economy to the brink over of all things raising the debt ceiling, a typically uneventful affair congress has successful carried out more than 70 times. >> i would just say to to speaker boehner th
? they're both from that state. happy birthday to matt leblanc. he turns 44 today. [ jon ] we don't just come up here for the view up in alaska. it's the cleanest, clearest water. we find the best, sweetest crab for red lobster we can find. yeah! [ male announcer ] hurry in to crabfest at red lobster. the only time you can savor three sweet alaskan crab entrees all under $20, like our hearty crab and roasted garlic seafood bake or sn crab and crab butter shrimp. [ jon i wouldn'tut it my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea fd differently. ♪ you know how i feel ♪ sun in the sky ♪ you know how i feel ♪ breeze drifting on by ♪ you know how i feel [ female announcer ] weight watchers, rated #1 best plan for weight loss by u.s. news and world report. join right now and you can join for a dollar. weight watchers. because it works. join right now and you can join for a dollar. [ female announcer ] erybody loves that cushiony feeling. uh oh. i gotta go. [ female announcer ] and with charmin ultra soft, you can get that same cushiony feeling you love
security check riding on the outcome. abc's jon karl joins us now, from washington, with the latest. what about it? how close are we finally to a deal? >> reporter: getting close to a deal with the house speaker, john boehner. the outlines of this deal include up to $3 trillion in spending cuts over the next ten years including some cuts to popular entitlement programs like medicare and social security. also, elizabeth, it would include a promise or a commitment that congress would bring more money in through tax revenues by reforming the code, closing some of those loopholes. that's something that congress would act on over this last year. >> that last one, isn't that disguise? a tax increase in >> reporter: well, certainly some will call it that. the rates won't go up. congress would have to act over the next year. if they didn't ago, automatic steps would be taken that both sides wouldn't like which would be tax hikes and spending cuts. possibly, elizabeth, they're talking about repealing part of the health care bill. >> even if president obama and speaker boehner reach a deal they hav
sharpton? >> i don't think anybody does. he is the king of quid pro, quo. >> i'm jon scott. see you next week. >> john: it's not that people don't know. the battle is over all television. people know the president but do they know his opponent. >> you are spending more money than taking in you need to spend less of this. who is this guy? do you know who this is? yes, of course. >> john boehner. >> lots of people didn't know him. >> i don't know who that is. >> or anything about the debt problem zbloojtsd what is the debt limit. what are they fighting about? >> i don't know. >> okay, tonight we'll explained and we'll talk about the debt. it's into the hard. the debt and the stossel solution. that is our show tonight. >> john: look at that, they need more? if they don't get more money they won't be able to send social security checks and pay veterans' benefits our veterans deserve. really? isn't $2 trillion isn't enough? they can pay social security and medicare and the interest on the debt and still have hundreds of billions left over. two trillion is plenty. it's billions more than
, quickly. politico is reporting this, the campaign manager for jon huntsman is leaving her post, quitting. politico reporting the former utah governor is retooling his campaign. staff changes have to do with entering a more aggressive phase. they could do that. >> more aggressive. >> it's easy. it's not the best. the idea of running for president and the reality of doing it heads that way. the campaigns shuffle. >> i think if you sell that, governor, you could sell that as could i. i think jon huntsman may want to speak above a whisper. that may help. >> there's overcorrecting. >> well, with perry out there looming large you better claim your ground now. >> is perry getting in? >> he will. >> first moves. >> come on. >> he bounces around. >> yes. >> he's still a bad imitation of will ferrell imitating george w. bush. >> it's true. i sit there watching this guy go on. i'm like is this an "snl" -- i keep waiting for "snl" to go across the bottom. seriously. >> you guys are terrible. >> no. no. >> come on. >> i know we hear he's doing great and more jobs and taxes than on the planet in $8 bi
in for jon scott. patti ann: i'm patti ann brown in for jenna lee, we are in the fox news room, "happening now", in the debt showdown, both sides digging in their heels before the debt defaults week away and the entire state of the u.s. economy hanging in the balance. now the president vows to keep calling meetings on cutting the the decifit and raising the limit on america's credit card until there is some sort of agreement. gregg: but the gop is standing firm against tax increases, while the president and democrats insist it has to be part of any equation that cuts benefit programs, for example, medicare, and house speaker john boehner, well now, he is squarely blaming the president, saying the debt limit is his problem, adding that the president talks a good game, but when it comes time to make these tough decisions, he can't quite pull the trigger. patti ann: and wendell goler right now is live at the white house with the very latest on the the debt debate. hi wendell. >> >> reporter: hi patti ann. it's going to be almost as hot in the cabinet room as it is out here, when the president
markets. let's get a reality check from abc's countdown team. jake tapper at the white house. jon karl on capitol hill. bianna golodryga from the new york stock exchange. looking at the asian and european markets overnight, there seems to be concern but not panic yet, bianna. >> reporter: that's right. wall street seems to be patient with washington. markets opening blower. just about 130 points lower. not the knee jerk reaction that people were fearful of. things are still at an impasse. even though the markets aren't selling off, people are concerned about what's still on the table a credit downgrade. the s&p says the u.s. could lose its aaa ratings in the next three months. that would mean that interest rates go higher. it would be more difficult for people to get a loan out there. and it could be a big burden for this economy, as we're just starting to recover. george? >> jon, they had been hoping on capitol hill to come up with some sort of deal before the markets opened today. that has not happened. it seems, the only thing that everyone seems to be accepting th
later today. abc's jon karl is covering it from capitol hill. jon, we are seeing fire from the house speaker. >> reporter: we sure are. this vote today on his debt ceiling plan is the highest-stakes vote of his term as speaker of the house. and he is doing everything he can to get those tea partyers in line. john boehner is now demanding republicans stand with their party. in a closed-door meeting, he had a stern message for tea partiers who just don't like his debt ceiling plan. boehner told them get your ass in line, sources at the meeting tell abc news. this comes a day after another republican leader attempted to rally the troops with a clip from the movie "the town." >> i need your help. i can't tell you what it is. you can never ask me about it later. and we're going to hurt some people. >> which car are we going to take? >> reporter: allen west liked what he heard. >> i told him i would drive the car. >> they could have used "rudy," "hoosiers," "band of brothers." but this was the choice that they made. >> t ts is a movie. this is not reality. so, get a li
won't believe where. [ jon ] we don't just come up here for the view up in alaska. it's the cleanest, clearest water. we find the best, sweetest crab for red lobster we can find. yeah! [ male announcer ] hurry in to crabfest at red lobster. the only time you can savor three sweet alaskan crab entrees all under $20, like our hearty crab and roasted garlic seafood bake or snow crab and crab butter shrimp. [ jon ] i wouldn't put it on my table at home, i wouldn't bring it in. my name's jon forsythe, and i sea food differently. i wouldn't bring it in. the eagle flies at dawn. the monkey eats custard. price-line ne-go-ti-a-tor. so, you've been double crossed by other travel sites and now you want to try the real deal. yes, is it true that name your own price... ...got even easier? affirmative. we'll show you other people's winning hotel bids. so i'll know how much to bid... ...and save up to 60% i'm in i know the lady in leather travels on three wheels. wait, is that code? that's my secret weapon... ...naomi pryce see winning hotel bids now at priceline. i don't always have time to eat li
politicians. if he were here today he could be with jon stewart, he could be anybody, he uld be with stephen colbert and meet them eye to eye. that he was funny. how often have w seen a polician like that? not in a long time. >> rose: how do you think president obama's doing on those standards? >> well, i think the one thing he did care about, lincoln, originally, the emotional intelligence set of issues, i think he does have those. when you watch him around a table he makes sure everybody speaks, h listens to people with opposing advice. i think the thing you ve to learn when you get into the presidency is that a certain point you can't listen anymore. lincoln finally said "consensus can be paralyzing, you have to decide when to act." >> rose: wow. >> so that everyone around a table, for example, he debated emancipation for two months, three months, and everybody had different points of view. don't do it, do it, do it yesterday. he finally decided i'm making my mind up and issuing the emancipation proclamation. he goes to the cabinet and says "i don't want your ideas. i've made up my mind.
with anticipation. i'm jon haber of alto music. my business is all about getting music into people's hands. and the plum card from american express open helps me do that. you name it, i can buy it. and the savings that we get from the early pay discount has given us money to reinvest back into our business and help quadruple our floor space. how can the plum card's trade terms get your business booming? booming is putting more music in more people's hands. >>> president obama talked about being the adult in the room. where's his plan to cut spending and raise the debt limit? listen, we're in the first quarter here. we're fighting for jobs. we're fighting for the country's future. and we're fighting for the american people. >> all right. so we're seeing now you heard the house speaker there boehner say, look, we're in the fourth quarter. this it takes time to move this thing through congress to meet the debt ceiling deadline of august 2nd. we have 11 days before that happens. off got big demands from mayors, from business experts warning lawmakers that defaulting on our debt could have a bi
of our president." >>> former utah governor, jon huntsman was in the granite state. when asked if he agreed with romney's assessment, he skirted the issue, focusing on what he and his party can offer voters. >> some of your independence, some of you are unaffiliated. all i will say from the outset is take a look at where we've been, where we've been, where we stand, make an informed decision and come back and talk to us. if we can't get you at that point, we're doing something wrong. >> i didn't hear what they can offer the voters, did you, pat? >> i don't think it was in there. >>> former godfather's pizza ceo herman cane made a stop. he spoke with the "today" show to shore up his credentials. >> i'm already talking to national security people, former intelligence people, talking to former generals and people in the military to begin to develop ideas about how i would deal with the crises we're in. you don't need foreign policy to know who your friends and enemies are. you don't tell your enemy what your next move is. >> the candidates making the rounds. i'm curious about huntsman,
.2 million and jon huntsman with $4.1 million. trailing them, herman cain with $2.5 million, newt gingrich 2 million. michele bachman will release hers later. >> which candidate should be excited? ron paul is incredible. which should be more concerned? >> no one on the list should be excited about their numbers. mitt romney, by virtue of the fact he's so far ahead has the least reason to be freaked out. the story of the fund raising of all these numbers is the story of closed wallets and the story of how -- >> yes, some are waiting still. >> so much of the republican donor class is still sitting with checkbooks closed, unhappy with the field, not writing checks, still waiting for something. i don't know what. they have not been -- this is not a show of great enthusiasm. the president is vulnerable. they work in the field and they are not thrilled about any of these guys. >> an incredible time of opportunity, that is sure. >> for a lot of that quarter, tim pawlenty was considered a front-runner. he was the alternative to mitt romney. that pitch didn't resinate at all. he's closer to raising m
. abc's jon karl joins us from washington. all talks secret up until now. what more do we know about what president obama and the speaker of the house have been discussing. >> reporter: a big deal here, george. as you mentioned, this would mean that the president would go along with reductions in spending to social security and medicare, most likely cost of living increases going down and in exchange republicans would accept some increase in tax revenues as part of an overhaul of the tax code. as one top administration told me, we need to do something unthinkable on entitlements. they need to do something unthinkable on tacks. >> unthinkable may be the word. these talks have been going on between the president and speaker boehner but there hasn't been a lot of discussion among a wider conferences in the house and the senate democrats and republicans and i guess the big question coming out of today's meeting, when other leaders find out about it, is it something they can work with and is it something that will fly? >> reporter: a great question. boehner and the president may be able t
? >> jon, they had been hoping on capitol hill to come up with some sort of deal before the markets opened today. the only thing that everyone seems to be accepting that any deal won't include any new tax increase. >> that's the big deal. you have harry reid coming up with a plan for democrats. that he says includes $2.7 trillion in spending cuts over the next ten years and gives the president the debt ceiling increase that takes him all of the way to 2013. republicans are already saying that those -- his plan includes gimmicks and phantom cuts. so the republicans are coming up with their plan, which would include about $1 trillion in cuts now. it would require the president to come back to congress next year to ask for another debt ceiling increase. >> that's the huge sticking point for the white house. the president has made it clear time and time again that he won't sign a short-term increase. he squashed it at the meeting last night. >> republicans leaders have said that as well. they didn't want any short-term solution to this problem. they changed their tune on this. white house said
Search Results 0 to 49 of about 60 (some duplicates have been removed)

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